“People tend to favor proposals that would benefit themselves and reject proposals that, at their own expense, would benefit others. If you were wealthy, you’d probably reject calls for higher taxes and more welfare programs. If you were poor, you’d probably call for higher taxes and more welfare programs. I don’t just mean that the…

“Now what’s that saying again. Just because you’re paranoid doesn’t mean they aren’t after you. It’s starting to smell like that. Just because Bitcoin’s most virtuous argument was presented – in if not bad-faith then in fig-leaf-faith – by get-rich-quick boosters, doesn’t mean it isn’t true! Enter the trucker protests in Canada. In just three…

“The U.S. and its allies are now effectively backed into a series of corners. Can the U.S. attempt to ban Bitcoin and its transactions? It can try, but will fail. China has already tried to do so, multiple times, and the same goes for India. Not to mention, the U.S. now has a multitude of…

“By taking away their printing presses, Bitcoin stops the creeping totalitarianism that weaponizes our own blood, sweat and tears against us. It stops governments’ escalating ability to control all person-to-person exchange, their efforts to build a financial panopticon of Big Brother control. And, finally, by getting governments out of the business of manipulating money, Bitcoin…

“Bitcoin as a superior monetary good is more valuable than a better payment network . This leads us to another point as to why we believe bitcoin should be considered primarily as a monetary good rather than a payment network. The fact the market has shown a preference towards bitcoin, which is slower as a payment…

“That is not to say that Bitcoin will lead us to a pacifist utopia in which any attempt at violence suffers metaphysical intervention by the spirit of Satoshi. That money can grant power is clear enough as there will always be a clearing price for violent thuggery. But what will distinguish a Bitcoin standard is…

Today we have an incredible chat as a followup to the recent piece Read_596 – Bitcoin is a Pioneer Species. We have author Brandon Quittem joining us today to dive deeper into the concept he lays out in the article, further into the consequences of what it means for energy production, and ultimately, where our…

“And finally, given its asymmetric return distribution I believe It is more risky to have zero exposure to bitcoin than it is to have a 5% portfolio weight. If you are not long bitcoin, you are irresponsibly short. Don’t overthink this. Lower your time preference. Bitcoin is the purest form of monetary energy and is…

“General Motors, Ford, AT&T and GE have cumulative debt that is larger than the entire HY market. Downgrades of any one of these names likely imply a downgrade of the others. The forced selling would rock the HY market, which would start a domino effect and a negative feedback loop that would reach to all…